Author: Money Mechanics

Over the past twenty years, we’ve seen remarkable growth in women’s leadership. While women now lead everything from tech giants to international banks, they remain significantly underrepresented in the most powerful corporate positions.  To highlight those changing this narrative, we recently surveyed over 3,000 people to identify the most inspirational women leaders in each state.  Here’s what stood out to us as we dug into the results. Key Findings: Healthcare is a powerful lane for women leaders.  A noticeable chunk of the top CEOs helm hospitals, nonprofit health systems, or healthcare innovation companies.  From Madeline Bell at CHOP to Marcy…

Key Takeaways If your college major has a high unemployment rate, it may be more difficult to land a full-time job in your field after graduation.Be flexible, stay open to all job opportunities, and don’t get tied to a ‘dream job’.If you don’t have any full-time experience to promote on your resume, highlight your volunteer work, internships, and part-time employment. When it comes to success in the job market, your college major can have a big impact, determining how much you’re paid and your likelihood of getting a job. For recent college students, the current job market may be especially…

Everyone today, including crypto market traders, is focused on the US Federal Reserve Chairman’s in . Last week, the price of dropped by about 10% to $112,000. This quick decline happened because of weak economic data and reduced chances of an cut due to rising . Currently, people think there is a 75% chance of a rate cut in September, but there’s still a lot of uncertainty. The Federal Reserve Chairman, Powell, is expected to keep a neutral and data-driven approach in his speech. However, if he doesn’t hint at an interest rate cut, risky assets like Bitcoin and might…

Well, this was an odd one to sort out. Going into the CPI announcement this morning, the economist consensus was for +0.17% (seasonally adjusted) on headline CPI m/m and +0.28% on core. Market changes this month have been very contained, partly because of the usual summer doldrums kicking in and partly (most likely) because of the degree of uncertainty surrounding all of the chaotic policy changes that have taken place in 2025. The effects of these changes (and more to come!) are still making their way through the system. This is a calm surface over a roiling ocean. Economists continue…

Key Takeaways Missouri removed its capital gains tax, meaning residents won’t have to pay state taxes on profits when selling stocks, property, and other assets.Seven other states don’t have any capital gains tax because they don’t have any income tax at all.Most states tax capital gains at the same rate as ordinary income.Two other states, Washington and Maryland, have expanded capital gains taxes this year.If you’re one of the growing numbers of Americans with brokerage accounts, capital gains taxes can affect when you’re able to retire and where you want to live. If you live in Missouri, you’ll no longer…

It’s the most wonderful time of the year, and for investors in America’s stockmarket that is saying something. They have had a marvellous 2024, as share prices that had already soared in 2023 just kept on going. The S&P 500 index of large firms is now 54% higher than it was two years ago, a winning streak it has bettered just a handful of times since its inception in 1957. To be sure, there have been jitters along the way. The most recent came on December 18th, when share prices fell by 3% in a single day after the Federal…

Key Takeaways Shares of Chinese EV maker Nio that trade in the U.S. continued to get a boost Friday as the Tesla rival gets ready to launch its challenger to the Model Y L SUV.The new ES8 will be priced at about $58,000, but lower for those who sign up for Nio’s battery subscription.Nio said the ES8 was the largest electric SUV made in China. U.S.-listed shares of Nio (NIO) soared 14% Friday to trade at their highest level in nearly a year as the Chinese electric vehicle (EV) maker this week unveiled the new ES8, its SUV challenger to the…

Shark Tank investor Kevin O’Leary has recalled how stripping his son of financial safety nets pushed him to excel academically, sharing the tough-love lesson that propelled him to Harvard.O’Leary Says Entitlement ‘Ruins Ambition’Earlier this week, O’Leary posted a video on social media recounting a conversation with his son, Trevor, about family wealth and trust funds. “My son asked me about his trust fund. I told him it ends when school does. No grades, no cash,” O’Leary said. “The look on his face was horror.””That’s when I hit him with the line my mother gave me: ‘The dead bird under the nest…

Real gross domestic product (GDP) increased in 2,357 counties, decreased in 734 counties, and was unchanged in 23 counties in 2023, according to estimates released today by the U.S. Bureau of Economic Analysis. The percent change in real GDP ranged from 125.8 percent in Throckmorton County, TX, to –39.6 percent in Lincoln County, WA (table 1). GDP is the value of final goods and services produced within a county. The size of a county’s economy as measured by GDP varies considerably across the United States. In 2023, the total level of real GDP ranged from $17.0 million in Petroleum County,…

In-brief analysis July 9, 2025 Data source: U.S. Energy Information Administration, Refinery Capacity Report and Petroleum Supply MonthlyNote: Refinery Capacity Report data are reported as of January 1 of each year, so changes in capacity that take place during a given year are represented in the newly reported total capacity number for the start of the following year. California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute…